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Property profile & analytics
OFF-MARKET
Estimated value
$21,500,000
Retail space
10604 Swsw Hwy, Chicago Ridge, IL 60415-2704
Entity Owned
~
Est. High Equity
Property ID
US28-5818425
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Lot
2.09 ac (91,040 SF)
APN
24-18-101-093
UPID
US28-5818425
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.50M
Owner & transaction history
Mp Millennium Mob Partners LLC
Mp Millennium Mob Partners LLC
since 2025
Last sale
$21.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chicago Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicago Ridge submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$819,072
Tax year 2022
Assessed value
$1,933,263
Assessed 2022
Previous assessed
$1,933,263
+0.0% YoY
Effective rate
42.37%
On assessed value
Assessed land
$147,725
Assessed improvement
$1,785,538
Land market value
$590,900
Improvement market value
$7,142,152
Total market value
$7,733,052
Applied tax rate
39,182.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Heating
NONE
Lot
2.09 ac (91,040 SF)
APN
24-18-101-093
UPID
US28-5818425
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
2.09 ac
Current owner
From public records · entity-resolved
Mp Millennium Mob Partners LLC
Entity
Mailing address
10604 SWSW HWY, CHICAGO RIDGE, IL 60415-2704
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2025
$21,500,000
Mp Millennium Mob Partners LLC
Aimo Investments Lllp
Special Warranty Deed
$12,900,000 · Old National Bank
Sep 21, 2016
—
Aimo Investments Lllp
—
Deed
related
$11,889,270 · Standard Bank & Trust Co
Oct 17, 2014
$775,000
Aimo Investments LLP
Amelies Court LLC
Grant Deed
—
Dec 20, 2007
—
Amelies Court LLC
Bja Investment LLC
Quit Claim Deed
related
—
Feb 15, 2005
$155,000
Bja Investment LLC
Park Dev INC
Warranty Deed
$1,162,500 · Archer Bank
Oct 18, 2004
$1,000,000
Park Dev INC
Jbf Ents
Warranty Deed
$810,000 · Standard Bank & Trust
Oct 13, 2004
$520,000
Jbf Ents
Trust 985
Grant Deed
—
—
—
Aimo Investments LLP
—
Deed Of Trust
related
$11,889,270 · Standard Bk
—
—
Bja Investment LLC
—
Deed Of Trust
related
$1,161,026 · Archer Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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